The $13 billion-asset company, formed by the merger of BBCN Bancorp and Wilshire Bancorp, said in a press release Monday that it will close 12 branches in southern California, New York and New Jersey as part of a broader cost-cutting effort.
source http://www.americanbanker.com/news/community-banking/hope-bancorp-in-calif-to-close-branches-in-cost-cutting-push-1091605-1.html
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